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Jan 31, 2013
01/13
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but valuing tax rebate and tax cuts with our eyes wide open. [applause] i propose returning $100 billion back to the pockets of montana homeowners. i recognize that others have suggested that we should use that hundred million dollars to provide property tax cuts instead. the difference between the tax rebate and the tax cut is simple: who stands to benefit? given hundred billion dollars back in the form of a tax rebate will return $400 to every one that has primary residences in the state. what you put -- when you put a check in the hands of montana taxpayers. they are going to take the money downtown and spend it in the small small businesses along main street. if you take that hundred million dollars and use it to cut property taxes instead, the average montana homeowner would receive $44 this year. not $400. think about that. it will take ten years for the taxpayer to get back as much money as they did this year with the rebate. yet, if you're a company like ppnl that proposed tax cut but reward you with over $1 million this year alone, tha
but valuing tax rebate and tax cuts with our eyes wide open. [applause] i propose returning $100 billion back to the pockets of montana homeowners. i recognize that others have suggested that we should use that hundred million dollars to provide property tax cuts instead. the difference between the tax rebate and the tax cut is simple: who stands to benefit? given hundred billion dollars back in the form of a tax rebate will return $400 to every one that has primary residences in the state....
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Jan 29, 2013
01/13
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it's a 30% tax or 40% surtax. i think that now that purchasers and particular and others until the policy become ware of that. i think it will lead to product i have discussion. how much cost shifting you have in the market is determined by the presence of large systems and their ability to actually achieve higher payment. and that's why i think one of the things that could be very, very useful here is to track that cost shifting and begin to think about transparency around cost shifting ratio. it would give consumers and individuals more information than we have today. to look comparatively at what it going on. it's another way to do that in addition to looking at prices themselves. >> and bob is in line. i always like the cost shifting argument. a well known d.c. economist took me aside and said we realize it occurs. we don't have is a model to explain it. i have to deny it in public. i like that one because i don't know what to make about that. karen answered that. i think it's a species argument. what differs
it's a 30% tax or 40% surtax. i think that now that purchasers and particular and others until the policy become ware of that. i think it will lead to product i have discussion. how much cost shifting you have in the market is determined by the presence of large systems and their ability to actually achieve higher payment. and that's why i think one of the things that could be very, very useful here is to track that cost shifting and begin to think about transparency around cost shifting ratio....
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Jan 31, 2013
01/13
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but the value of tax rebates and tax cuts with eyes wide open. [applause] i propose returning $100 million back to the pockets of montana homeowners. i recognize others suggest we should use the hundred $9 to provide property tax cuts instead. the difference between a tax rebate in the tax cuts is simple. who stands to dataset. given $100 million in the form of a tax rebate will return $400 billion to everyone whose primary residence in the state. when you put a check in the hands of montana taxpayers, they take money downtown and spend it in the small businesses along main street. if you take the hundred million dollars in music to cut cut property taxes instead, the average montana homeowner would receive $44 this year. not 400. think about that. it will take 10 years for the taxpayer to get back as much money as they could see with the rebate. get if you're a company like tpn l., to propose tax cut but we were just million dollars this year alone. that's 23,000 times more than the average homeowner would receive. if we consider who stands to b
but the value of tax rebates and tax cuts with eyes wide open. [applause] i propose returning $100 million back to the pockets of montana homeowners. i recognize others suggest we should use the hundred $9 to provide property tax cuts instead. the difference between a tax rebate in the tax cuts is simple. who stands to dataset. given $100 million in the form of a tax rebate will return $400 billion to everyone whose primary residence in the state. when you put a check in the hands of montana...
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Feb 1, 2013
02/13
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and they start off with the 6.2% social security, medicare taxes. they have a menu labeling men date that is another $1,000 per restaurant. for each $1 increase in the minimum wage mandate that's nearly $25,000 per year. they have paid sick leave mandates, and i'm not litigating any issue. if you're operating a business, those are mandates you start out paying. and we have to be careful about thinking about new ones. then there's the health care mandates that are coming that are coming on. again, not for re-litigate them. if i were the owner of the twenty fast food restaurants, they tell me that they offer health care to their 542 employees, but only 34 take it. .. marmite to spend on saving for retirement, we need to be very careful about any new pastor mande on existing businesses. or in a case of health care the come at the same restaurants are reducing the number of employees they have been a number of full-time employees, people who work with than 30 hours of make as much money, therefore they may not have as much to retire. my point is number
and they start off with the 6.2% social security, medicare taxes. they have a menu labeling men date that is another $1,000 per restaurant. for each $1 increase in the minimum wage mandate that's nearly $25,000 per year. they have paid sick leave mandates, and i'm not litigating any issue. if you're operating a business, those are mandates you start out paying. and we have to be careful about thinking about new ones. then there's the health care mandates that are coming that are coming on....
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Jan 30, 2013
01/13
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tax dollars and american charitable giving. and then telling them they cannot repay those investments by contributing to the u.s. workforce. is both bad policy and bad business. that's what i've been working on this issue since i rise in the senate introducing three bills in calling for the creation of a new class of green cards for immigrants to earn an advanced student agree from an american university. i was glad to see the bipartisan framework released yesterday by senators mccain, schumer, rubio, and others, which moves us towards comprehensive immigration reform, embraces of this vital core principle. i also welcome president obama's contributions to this discussion and look forward to hearing what he has to say today in las vegas. it carries a bipartisan agreement that it is -- to make room for foreign-born american educated experts who want to apply their skills, start businesses and raise their families are. at the same time went to dramatically improve s.t.e.m. education available to american citizens to fill this dra
tax dollars and american charitable giving. and then telling them they cannot repay those investments by contributing to the u.s. workforce. is both bad policy and bad business. that's what i've been working on this issue since i rise in the senate introducing three bills in calling for the creation of a new class of green cards for immigrants to earn an advanced student agree from an american university. i was glad to see the bipartisan framework released yesterday by senators mccain, schumer,...
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Feb 1, 2013
02/13
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, higher taxes lead to greater economic distortions. again suppressing gdp. and again those facts are not in the basic cbo projection but our fiscal future is much scarier than he usually cbo shows. as government spending grows in coming decades, gdp will be suppressed more and more. it will sort of be like a fiscl death spiral in coming decades unless we make major reform. so those are the big picture problems of federal spending, and these are often discussed by budget wonks and others in washington. however, all federal spending is spending on particular programs. spending is not just bad because it leads to these overall macro economic problems. spending a many hundreds of particular federal program caused damage to society and harm individual freedom and grid all kinds of other problems. so the issue with federal spending on the federal budget is not just the question of whether $3.6 trillion is too much to spend this year. but the problem is whether spending on the hundreds of particular federal programs causes damage to society a
, higher taxes lead to greater economic distortions. again suppressing gdp. and again those facts are not in the basic cbo projection but our fiscal future is much scarier than he usually cbo shows. as government spending grows in coming decades, gdp will be suppressed more and more. it will sort of be like a fiscl death spiral in coming decades unless we make major reform. so those are the big picture problems of federal spending, and these are often discussed by budget wonks and others in...
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Jan 28, 2013
01/13
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you're going to cut taxes, you cut taxes nation. cut rates, you don't target. targeting and particularly at the state and local level, targeting is where giveaways take place. targeting is where, it's where you play with, you figure out ways to appeal to people. so what that means is if you're in a time when broad-based tax cuts is no longer a realistic strategy, then the only way to get past where we are now is through economic growth, right? economic growth is the only solutions, cross sector economic growth is the only solution to we fell in government coffers so that the money that would have to come direct from the taxpayer and reducing the debt and reducing the deficit. >> and under those conditions, here's where it gets interesting your it has been tax cuts. that is the policy, what is the republican solution is, as i think you're the first person to lay out succinctly as anybody, is a series of governmental reforms that are brushed, that make policies more coherent, that allow both on the tax side and the health care reform side of health care cost side
you're going to cut taxes, you cut taxes nation. cut rates, you don't target. targeting and particularly at the state and local level, targeting is where giveaways take place. targeting is where, it's where you play with, you figure out ways to appeal to people. so what that means is if you're in a time when broad-based tax cuts is no longer a realistic strategy, then the only way to get past where we are now is through economic growth, right? economic growth is the only solutions, cross sector...
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Jan 30, 2013
01/13
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tsuda talking about doing a budget, but they're talking about raising taxes. we to think of that for jobs and the economy. talking about economic growth and jobs in the worst thing you can do is raise taxes. as we get in the budget debate, i hope it will focus the light squarely where it should be and that is on the past three years democrats lack of budget and their budget this year is near them talk about it which proposes more tax increases with jobs growth in the economy. >> following the president so-called recess appointments, the courts have now ruled disappointment were illegally made, unconstitutional. so we have now is the nlrb operating under a cloud of uncertainty. i'm introducing legislation this week focused specifically on that and making sure there are no more nlrb rules or regulations coming out until the court fully in the supreme court resolve the issue. it is more and more of a problem if they continue to come up with rules and regulations causing additional uncertainty and as a result, i say it is time for the president to stop trying to s
tsuda talking about doing a budget, but they're talking about raising taxes. we to think of that for jobs and the economy. talking about economic growth and jobs in the worst thing you can do is raise taxes. as we get in the budget debate, i hope it will focus the light squarely where it should be and that is on the past three years democrats lack of budget and their budget this year is near them talk about it which proposes more tax increases with jobs growth in the economy. >> following...
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Jan 27, 2013
01/13
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and then you have conservatives arguing for lowering taxes since we passed corporate tax rate in the world on the rationale for why that works. why from an economic standpoint that produces more prosperity, how it works under ronald reagan, how jack kennedy did it, which you don't hear the same argument coming from this administration. they can't argue the facts because the facts do not back them out. they also can't come forward and have an honest discussion about what their objectives are. for us conservatives will argue our objective is to elevate everybody by increasing prosperity, by unleashing the private sector from overbearing government regulation so everybody can prosper. we believe there's an unlimited ability for prosperity. the left believes it's a fixed amount and everybody gets a slice. that's not how we see things. you don't hear the laughter ticket waiting a response to that discussion because what obama wants to do is force redistribution. if you are honest about that, his goals of not just equalize the number one, they're putting them down because that's what happe
and then you have conservatives arguing for lowering taxes since we passed corporate tax rate in the world on the rationale for why that works. why from an economic standpoint that produces more prosperity, how it works under ronald reagan, how jack kennedy did it, which you don't hear the same argument coming from this administration. they can't argue the facts because the facts do not back them out. they also can't come forward and have an honest discussion about what their objectives are....
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Jan 29, 2013
01/13
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well, we can't just get to this problem by dealing with tax increases. this seems to be the preferred method of dealing with our deficits and debt, by raising taxes, which of course happened as a result of the fiscal cliff negotiations where taxes have gone up on americans roughly $60 billion a year, almost $600 billion over the next ten years. but the president's budgets nevertheless continue to ask for more revenue, but the message from this side of the aisle has been the president has gotten his pound of flesh on taxes. now it's time to deal with spending. unfortunately, we no longer have the luxury of delaying our toughest fiscal decisions. our gross national debt is now larger than our entire economy and we're now facing more than $100 trillion in unfunded liabilities for things like medicare and social security, promises we won't be able to keep unless we act now to put them on a fiscally sustainable path. i'm glad that our house colleagues have passed the no budget, no pay bill. i think most americans appreciate the fact that if congress doesn't d
well, we can't just get to this problem by dealing with tax increases. this seems to be the preferred method of dealing with our deficits and debt, by raising taxes, which of course happened as a result of the fiscal cliff negotiations where taxes have gone up on americans roughly $60 billion a year, almost $600 billion over the next ten years. but the president's budgets nevertheless continue to ask for more revenue, but the message from this side of the aisle has been the president has gotten...
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Jan 30, 2013
01/13
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for under 65, you have to earn before you pay any increase taxes. it doesn't make any sense. when you go into medicare, your pain to set up premiums and two sets of metadata coverage. two sets of party coverage. just for the string of monthly expenses for health care. they escalate dramatically at a time when you have probably less opportunity to increase ever come in the future. so i think we have to be very careful when we look at the beneficiary impact of changes and we need to understand what we're talking about and how it will impact people. the posturing and medicare is very high. in order to increase the cost is a difficult thing to do. all of these things go together. so i worry you can miss some of the problems that can happen. >> i can't help but draw a parallel to the commercial side where we have had for years efforts to try to get health care spending under control by dealing with the benefits side and inventing new benefits structures and care products and other things that would make individuals more price conscious and so forth. on the other hand, now we are d
for under 65, you have to earn before you pay any increase taxes. it doesn't make any sense. when you go into medicare, your pain to set up premiums and two sets of metadata coverage. two sets of party coverage. just for the string of monthly expenses for health care. they escalate dramatically at a time when you have probably less opportunity to increase ever come in the future. so i think we have to be very careful when we look at the beneficiary impact of changes and we need to understand...
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Jan 28, 2013
01/13
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we've sent our tax dollars, billions of them. and now all of a sudden some are suggesting we should change the rules when we are hit by the first major disaster to hit the new york city region in a very long time. that's not fair. that's not right. and we have argued against it, and i hope my colleagues will defeat the lee amendment. and i also say to my colleagues that this is not just dollars and cents. these are people who care, are waiting, homeowners waiting to rebuild their homes. they haven't moved back in. small business owners who are hanging on by a thread after building a business for 25 years. we know when the hand of god strikes, it's overwhelming for them. take rita from emerald magic lawn care. her company helps local families, schools and businesses with lawn care in the spring and summer and around the holidays they help with decorations and lights. but emerald magic's business was interrupted for many weeks. the client base dried up. rita's business will be in huge trouble. it may not survive if she doesn't get
we've sent our tax dollars, billions of them. and now all of a sudden some are suggesting we should change the rules when we are hit by the first major disaster to hit the new york city region in a very long time. that's not fair. that's not right. and we have argued against it, and i hope my colleagues will defeat the lee amendment. and i also say to my colleagues that this is not just dollars and cents. these are people who care, are waiting, homeowners waiting to rebuild their homes. they...
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Feb 1, 2013
02/13
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these are all the taxes on the regulation, complete us. if you do all these things come you don't have to worry about us, the state anymore. when i got into office, i never was able to do that. but still, simplicity is pretty big here. we've seen a think that the law passed a few years ago has taught us in games about the value of the default position about autoenrollment, automatic escalation henry no financial literacy is not a high level among a lot of of us, even if we spend a lot of time, these things can get confusing. we don't want to take anyone's freedom away to make his or her own decision about this. automatic enrollment, or automatic changes are default position said that her reflect the reality of an individual may be one promising further separate to take a new senior advice about what they should be as once said. it was this simple form because that's what i'm thinking. i wonder what happened if i invited to to write a fluorescent admitted to us. let's say you're about to go into business. dr. madrian compasses that she what
these are all the taxes on the regulation, complete us. if you do all these things come you don't have to worry about us, the state anymore. when i got into office, i never was able to do that. but still, simplicity is pretty big here. we've seen a think that the law passed a few years ago has taught us in games about the value of the default position about autoenrollment, automatic escalation henry no financial literacy is not a high level among a lot of of us, even if we spend a lot of time,...
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Jan 28, 2013
01/13
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evasion and tax fraud. i think it's enormously important issue, and i think the regulation on the shadow banking system, um, also needs to play a very important role for the russia meeting for the g20. we have quite a lot of regulation for our banks, basel iii comes to mind here. here, actually, we have to be vigilant that the lending capacity that is to boost, after all, economic growth doesn't get too contained, too limited, and i can only hope and join our partners in the united states to introdiscuss deuce this -- introduce this as well, otherwise a new imbalance here. through better regulation of banks, the capital that they need to the capital reserves that they need to have, we also see moral hazard in the sense that people increasingly seem to fly into the shadows of shadow banking. we were at one in saying when we agreed this at the g20 and the thought that every financial instrument, um, every financial be product, every financial market needs to be placed in regulation. we are very far from that.
evasion and tax fraud. i think it's enormously important issue, and i think the regulation on the shadow banking system, um, also needs to play a very important role for the russia meeting for the g20. we have quite a lot of regulation for our banks, basel iii comes to mind here. here, actually, we have to be vigilant that the lending capacity that is to boost, after all, economic growth doesn't get too contained, too limited, and i can only hope and join our partners in the united states to...
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Jan 25, 2013
01/13
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solve the issue because this is a matter of prioritizing spending and i don't think we can continue to tax the american economy. we need economic growth but it's about prioritizing spending. i have conservative beliefs foreign aid can be useful, but we have to get our spending out of control. we utilize the position to encourage the president to work with us in good faith to solve the debt and deficit issue >> i spent six months i guess it was or five months as a member of the super committee. and i put an enormous amount of energy and hope that we would be able to get the bigger bargain. i'm not here to go through the details of why we didn't, that there was a very hard line monitor negotiating position that prevented us from being able to come to an agreement which incidentally we just came to. but we can to this with far less on the table and far less accomplished than we would have if we had come to that agreement six months ago or a year ago. my hope is yes, i certainly will weigh in on that and the degree that it does not impact on - devotee to do my job and the ability of the state
solve the issue because this is a matter of prioritizing spending and i don't think we can continue to tax the american economy. we need economic growth but it's about prioritizing spending. i have conservative beliefs foreign aid can be useful, but we have to get our spending out of control. we utilize the position to encourage the president to work with us in good faith to solve the debt and deficit issue >> i spent six months i guess it was or five months as a member of the super...
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Jan 24, 2013
01/13
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relief act, paying fair share act of 2012, repeal big oil tax subsidies act, teachers and first responders back-to-work act, american jobs act of 2011, public safety employer-employee cooperation act, paycheck fairness act, creating american jobs and ending offshoring act. now, again -- again, it's not that the bill was filibustered. the right to even debate these bills and vote on them was filibustered. one thing, he go on the bill and they filibuster. no, we couldn't even debate it. even though a majority of senators voted for cloture. not 60 but a majority. so the majority thwarted from even bringing these up and debating them and even letting people offer amendments. now, it used to come that if a senator opposed a bill, he or she would engage in a spirited debate, try to change people's minds, attempt to persuade the public, offer amendments, vote "no," and then try to hold members who voted "yes" accountable at the ballot box. isn't that what it's about? in contrast, today, to quote former senator charles mathias, a republican, in 1994. here's what he said, 1994 -- quote -- "the fili
relief act, paying fair share act of 2012, repeal big oil tax subsidies act, teachers and first responders back-to-work act, american jobs act of 2011, public safety employer-employee cooperation act, paycheck fairness act, creating american jobs and ending offshoring act. now, again -- again, it's not that the bill was filibustered. the right to even debate these bills and vote on them was filibustered. one thing, he go on the bill and they filibuster. no, we couldn't even debate it. even...
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Jan 30, 2013
01/13
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private equity managers to take what is really just earned income, a commission and get capital gains taxes on the interest, why don't we honor primary care physicians in america as we honor private equity managers and give them the same rate if they go to rural areas, et cetera. the president exists. congress has we want to encourage capital formation. well, that is capital. physicians are human capital and we want to encourage. thank you, mr. chairman. >> .or reinhardt, thank you very much. last but not least is dr. dr. claudia fegan, chief medical officer for the hospital county and chicago, often referred to as cook county hospital. she was previously the associate chief medical officer for the ambulatory and community health network and intra- chief officer for the health services. dr. fegan serves for the health program received her undergraduate degree and her medical degree from the university of illinois college of medicine. thank you so much for being with us. >> thank you, senator sanders, senator enzi another distinguished senators for 40 minutes opportunity to address inadequat
private equity managers to take what is really just earned income, a commission and get capital gains taxes on the interest, why don't we honor primary care physicians in america as we honor private equity managers and give them the same rate if they go to rural areas, et cetera. the president exists. congress has we want to encourage capital formation. well, that is capital. physicians are human capital and we want to encourage. thank you, mr. chairman. >> .or reinhardt, thank you very...
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which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota which had no state income taxes the poor are paying tax rates six times higher than the top one percent. this disparity has a lot to do is states moving away from progressive income taxes and towards sales taxes which are regressive since working people spend one hundred percent of their income and are thus taxed on one hundred percent of their income the billionaires on the other hand can't possibly spend all their income no matter what so they're taxed on only part of the ring conservatives want you to believe that half the nation doesn't pay taxes and that half of the nation is called takers
which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota...
SFGTV2: San Francisco Government Television
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Jan 28, 2013
01/13
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we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here from oakland cut -- oakland, i saw those cars in the ordinary lanes. one person per car. you have this one person with all this steel and plastic and oil. it is ridiculous. we're figuring out ways to do that. whether it is high speed rail or electric cars. the first will be rolling off the factory in treatments in the next few months -- in three months and in the next few months. yes, the innovative companies are small. the electric cars -- the tanks are small but so is fairchild or in tal or hewlett-packard -- intel or hewlett-packard or steve jobs. the seats we plan
we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here...
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Jan 28, 2013
01/13
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eye 137
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in other words, if you're going to cut taxes you cut taxes nationally. you cut rates. you don't target. there's -- the fargetting and particularly this is true at the state and local level, the targeting is where giveaways takes place and targeting is where you play with -- you play -- you figure out ways to appeal to people, right? so what that means is if you're at a time when broad-based tax cuts is no longer a realistic strategy, then the only way to get past where we are now is through economic growth, right? that -- economic growth is the only solution, private sector economic growth is the only solution to refilling government coffers so that the money doesn't have to come directly from the taxpayer and reducing the debt and reducing the deficit under those conditions. now here's where it gets interesting, because the republican solutions to economic growth widely and understandably has been tax cuts. that is -- that is the policy that has been. now what if the republican solution is, i think the first person to lay out succinctly as anybody is a series of gover
in other words, if you're going to cut taxes you cut taxes nationally. you cut rates. you don't target. there's -- the fargetting and particularly this is true at the state and local level, the targeting is where giveaways takes place and targeting is where you play with -- you play -- you figure out ways to appeal to people, right? so what that means is if you're at a time when broad-based tax cuts is no longer a realistic strategy, then the only way to get past where we are now is through...
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Feb 1, 2013
02/13
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eye 60
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under 65 just to earn i think 400,000 now before you begin increased taxes. it doesn't make sense. medicare is not a cheap program and we all forget this. when you go into medicare you're paying to such a premiums if you're a couple. you are paying two sets of medigap coverage. you're paying two sets of part d coverage. just straight up monthly expenses for health care as delay dramatically at a time when you have probably a fixed income and less opportunity to increase the income in the future. i think we have to be very careful when we look at the beneficiary impact of changes and we need to really understand what we are talking about and how it's going to impact people. the cost sharing in medicare is very high, and so to increase those costs on people is a difficult thing to do. raising the age, all these things go together, and so i worry if we look at them in isolation you can miss some of the problems that happen. >> dana had a thought. >> i can't help but draw the parallel to the commercial side, where we have had for years efforts to try to get health care spending under c
under 65 just to earn i think 400,000 now before you begin increased taxes. it doesn't make sense. medicare is not a cheap program and we all forget this. when you go into medicare you're paying to such a premiums if you're a couple. you are paying two sets of medigap coverage. you're paying two sets of part d coverage. just straight up monthly expenses for health care as delay dramatically at a time when you have probably a fixed income and less opportunity to increase the income in the...
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Jan 29, 2013
01/13
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MSNBC
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workers pay some form of federal taxes. let's gather around the water cooler with movie news. many are wondering who would play hillary clinton best in a bio. some of the top contenders a bit of a surprise. 6% of kristen dunst. she played marie an two net. mirren. 8% like susan sarandon. 18% glenn close could portray the many sides of the first lady. an overwhelming 40% believe meryl streep. a little anti-climatic, don't you think? what do you think, mike? any other names? >> i'm not going get myself in trouble. >> when would this stop you? nbc "nightly news" anchor, brian williams stopped by "late night with jimmy fallon" they broke down details of the fight in slow jam the news. >> the obama administration finds itself locking horns with republicans over the issue of raising the debt ceiling, the amount of money the nation is legally allowed to borrow. ♪ oh, yeah, when it comes to raising the debt ceiling ♪ ♪ the president is having a hard time getting enough ♪ ♪ seems the gop ain't rubbing him the right way ♪ ♪ especially with the country's $16.4 trillion in d
workers pay some form of federal taxes. let's gather around the water cooler with movie news. many are wondering who would play hillary clinton best in a bio. some of the top contenders a bit of a surprise. 6% of kristen dunst. she played marie an two net. mirren. 8% like susan sarandon. 18% glenn close could portray the many sides of the first lady. an overwhelming 40% believe meryl streep. a little anti-climatic, don't you think? what do you think, mike? any other names? >> i'm not...
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Jan 26, 2013
01/13
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FOXNEWS
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, or the democrats are talking an energy tax, like a gasoline tax, kim is right. if they're going to do this, through the regulatory angle and outlaw in that way. >> paul: but then, james, why mention it so prominently, or was this sort after bait and switch for the environmentalists and mention it and in policy terms don't. >> there may be some bait and switch, but this is key. if he doesn't need to get anything through the congress, like the potomac swatch-- >> kim strassel. >> so well. they think that they have a court decision a few years empowers them to regulate carbon. they think they're off to the races here and this suggests to me that maybe the play is, with all of the business community expecting an approval of the keystone pipeline, the president might approve the pipeline, but then really ratchet down on the use of the oil going through that pipeline and i think he might be able to say to environmentalists. >> paul: how would they do that, they won't build this thing if they don't think there's a lot of oil that go through it. >> certainly the people
, or the democrats are talking an energy tax, like a gasoline tax, kim is right. if they're going to do this, through the regulatory angle and outlaw in that way. >> paul: but then, james, why mention it so prominently, or was this sort after bait and switch for the environmentalists and mention it and in policy terms don't. >> there may be some bait and switch, but this is key. if he doesn't need to get anything through the congress, like the potomac swatch-- >> kim strassel....
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Jan 27, 2013
01/13
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the sales tax. it is an idea gaining popularity with republican leaders. send us a tweet and tell us what say you are from and what you are talking about and what you have to share with us. that is @cspanwj. jamie is up next on the independent line. caller: good morning. i would like to preface by setting, can i have enough time to get my point across? we have a new governor who left congress as a member of the tea party caucus, which was headed by the likes of michelle bachman. i am pessimistic about our future at this point in time because we are pretty much being overtaken by tea partyism. the republican party could have taken over the senate if not for more -- richard burr doctor was able to run richard lugar it way from the senate. we had a democrat that was able to reach across the aisle and get things accomplished. the tea party do does seem to want to work anyway. it is their way or the highway. mike pence even caucused with the tea party with the united states house of representatives. i am
the sales tax. it is an idea gaining popularity with republican leaders. send us a tweet and tell us what say you are from and what you are talking about and what you have to share with us. that is @cspanwj. jamie is up next on the independent line. caller: good morning. i would like to preface by setting, can i have enough time to get my point across? we have a new governor who left congress as a member of the tea party caucus, which was headed by the likes of michelle bachman. i am...
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Feb 1, 2013
02/13
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they started out with a $6.-- 6.2% social security taxes. they are mandate labeling mandate for for each $1 increase in the minimum wage. that's nearly $25,000 per year. they have paid sick leave mandates and not re-litigated any issues. i'm saying for you're operating a business, those are some of the mandates you start out paying, and we have to be careful about thinking about new ones. there's the health care mandates coming on, again, not to re-litigate them, if i were the owner of that twenty fast food restaurants, they tell me that they offer health care to their 542 employees, only 34 take it. if nothing changed next year, that is with the health care law didn't go in to effect, they would be spending $94,000 on health care under the health care law. if they opt to pay the penalty they'll be spending a million dollars instead of 94. that exceeds the net profit for the year 2013. if they were decide themselves to continue to offer health care, their cost would be between $400 ,000 and $1.4 million. you can apply the same sort of reason
they started out with a $6.-- 6.2% social security taxes. they are mandate labeling mandate for for each $1 increase in the minimum wage. that's nearly $25,000 per year. they have paid sick leave mandates and not re-litigated any issues. i'm saying for you're operating a business, those are some of the mandates you start out paying, and we have to be careful about thinking about new ones. there's the health care mandates coming on, again, not to re-litigate them, if i were the owner of that...
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Jan 30, 2013
01/13
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WJLA
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she was hospitalized after falling and cutting her head of tax and inaugural party in the district two weeks ago. she was later diagnosed with chickenpox. after 11 years of marriage, we have learned actress ashley judd is calling it quits with your husband, a formula one racer. >> the couple said the decision to divorce his usual and that they will always be family. they married in december of 2001 at a castle in scotland after a two engagement. 4:57, 58 degrees now. >> still ahead, future kennedy center honorees should prepare for a new look for the performing arts venue. some times the big plan doesn't work and the perfect life turns out to be not so perfect. so you start fresh. new city. new job. new bank. there's a lot to figure out. so, i switched to suntrust. they moved everything for meme. direct deposit, even my online bill pay... and suddenlyeverything else just fell into place. switching to suntrusust has never been easier. now, our dedicated team will do all the work for you. suntrust. how can we help you shine today?
she was hospitalized after falling and cutting her head of tax and inaugural party in the district two weeks ago. she was later diagnosed with chickenpox. after 11 years of marriage, we have learned actress ashley judd is calling it quits with your husband, a formula one racer. >> the couple said the decision to divorce his usual and that they will always be family. they married in december of 2001 at a castle in scotland after a two engagement. 4:57, 58 degrees now. >> still ahead,...
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Jan 29, 2013
01/13
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WUSA
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. >>> and here comes the tax manual. the i.r.s. will accept 2012 tax returns starting tomorrow. that's eight days later than the agency had originally planned. the tax filing deadline got pushed back due to some changes that congress made to the tax laws to avoid the fiscal cliff. >>> also, you may want to swap out your credit card for a debit card the next time you pay for a purchase. here's why. retailers can now charge customers up to 3% more when they swipe their credit card at the checkout. these fees are all part of a settlement from the 2005 lawsuit between visa, mastercard and nine banks. ten states passed a law that bans this checkout fee. some retailers, though, are saying they're not automatically going to apply this so it's probably a good idea to check before you swipe the next time. >> you don't find out unless you go through a fine tooth comb on your account. >>> it's 4:42. less than a week ago, we had temperatures in the teens overnight. soon it's going to feel a lot more like april around here. howard is up next to tell us why. >> a consumer alert for ravens fan
. >>> and here comes the tax manual. the i.r.s. will accept 2012 tax returns starting tomorrow. that's eight days later than the agency had originally planned. the tax filing deadline got pushed back due to some changes that congress made to the tax laws to avoid the fiscal cliff. >>> also, you may want to swap out your credit card for a debit card the next time you pay for a purchase. here's why. retailers can now charge customers up to 3% more when they swipe their credit...
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Jan 30, 2013
01/13
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CURRENT
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so that gets taxed. don't get me wrong the seattle seahawks, the pittsburgh steelers, they get taxed but the nfl makes all this money every year, and that does not get taxed. what do they use the money for? paying their executives. of course, it's america. commissioner rog good deal makes $11.6 million. and vp of media gets more than the commissioner, $12.2 million. the former communicationer tagliabue still gets $8.5 million. and look at the nfl much more higher than that. let's bring an expert on this. david goodfriend. good to talk to you. i haven't talked to you in a while. >> you too cenk. thanks for having me on into absolutely. tell me how they're getting away with this. >> this goats to sports leagues getting tremendous public subsidies. don't stop with the tax code. take a look, for example at antitrust laws in the united states. there is an explicit exemption for professional sports leagues. they can negotiate a contract with broadcasters high school colluding to get together--while colluding t
so that gets taxed. don't get me wrong the seattle seahawks, the pittsburgh steelers, they get taxed but the nfl makes all this money every year, and that does not get taxed. what do they use the money for? paying their executives. of course, it's america. commissioner rog good deal makes $11.6 million. and vp of media gets more than the commissioner, $12.2 million. the former communicationer tagliabue still gets $8.5 million. and look at the nfl much more higher than that. let's bring an...
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by trickle down economics or the sort of economics that says if you give a bunch you're rich people tax cuts and all that extra money they keep will eventually trickle down on to the rest of us and it will do more than just create a nation of it's after thirty years of trickle down economics we know what really happens here go down economics just makes us a nation of peons of peons working for a minimum wage is lost half its value since the nine hundred sixty s. if christie and the rest of the conservative movement would step out of the bubble and they'd see that giving more money to working people actually does help the economy a new jersey policy perspective analyzed the economic economic impact in new jersey of raising the minimum wage and found it would lead to an economic boom it would mean four hundred thirty nine million more dollars in the hands of working people in that state that would increase economic activity by two hundred seventy eight million dollars in the first year an equivalent of two thousand four hundred twenty new full time jobs would be. created all this from rai
by trickle down economics or the sort of economics that says if you give a bunch you're rich people tax cuts and all that extra money they keep will eventually trickle down on to the rest of us and it will do more than just create a nation of it's after thirty years of trickle down economics we know what really happens here go down economics just makes us a nation of peons of peons working for a minimum wage is lost half its value since the nine hundred sixty s. if christie and the rest of the...
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Jan 31, 2013
01/13
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MSNBC
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if we're going to cut taxes say how you pay for it before you vote to cut taxes. and that's what we haven't done. >> all right. congressman, thank you so much for joining us. >> thank you. >>> and up next, as much as the debt kreeling is a bunch of make believe, allegedly there are a lot of actual conservatives on college campuses. >> true story. >> i don't believe it. do you? >> i believe it. ...so as you cs customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? >>> he does exist. >> they do exist. >> this next segment reminded our stellar producer brian of that commercial when santa discovered walking and talking m&ms do in exact exist. it's time to debunk that same political myth about th
if we're going to cut taxes say how you pay for it before you vote to cut taxes. and that's what we haven't done. >> all right. congressman, thank you so much for joining us. >> thank you. >>> and up next, as much as the debt kreeling is a bunch of make believe, allegedly there are a lot of actual conservatives on college campuses. >> true story. >> i don't believe it. do you? >> i believe it. ...so as you cs customer satisfaction is at 97%. mmmm tasty....
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Jan 26, 2013
01/13
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MSNBCW
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he ruled out tax increases. house republicans don't want to cut defense spending, in fact, in the romney campaign they wanted to raise it quite a bit. in theory, you shouldn't cut medicare for anybody retiring in the next ten years, so you can't get cuts there if you stick to that. the whole budget, it is only about a trillion and a half dollars. that is all of our spending on the poor and education, and skills training and research, everything else we're doing, it is about a trillion and a half. and ryan needs $800 billion. is ryan really going to cut all that by half, by more than half? that would be the most unpopular budget in history, it would be a disaster. or would the republican party change their promises and cut into medicaid or social security in the next ten years? this is what they have backed themselves into, these choices. there is a reason why ryan, who is really a conservative guy, who is trying to create a budget, that was a genuinely conservative guy, if you're not raising taxes you can't do i
he ruled out tax increases. house republicans don't want to cut defense spending, in fact, in the romney campaign they wanted to raise it quite a bit. in theory, you shouldn't cut medicare for anybody retiring in the next ten years, so you can't get cuts there if you stick to that. the whole budget, it is only about a trillion and a half dollars. that is all of our spending on the poor and education, and skills training and research, everything else we're doing, it is about a trillion and a...
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that tax the securities transaction exchange rice tax. ok i'm reading an article right now from the l.a. times eleven european countries have received the green light tuesday to plan a financial transaction tax that could generate billions of dollars in revenue for cash strapped go for government on the on the order of fifty billion dollars you're absolutely right richard thanks for calling and bringing that up and not only will that raise revenue but as they pointed out you can read in that l a times or any other article big government thinks that this is also going to diminish risky behavior by banks toure's that's it for your take my take alive thanks for all your calls and if we didn't get your calls tonight try is back next week. coming up all across america republicans are working to hard to corrupt our democracy and to rig the twenty sixteen election how could reforming the american voting process help to put integrity back into our democracy. let me let me i want to wouldn't let me ask you a question from. here on this network is
that tax the securities transaction exchange rice tax. ok i'm reading an article right now from the l.a. times eleven european countries have received the green light tuesday to plan a financial transaction tax that could generate billions of dollars in revenue for cash strapped go for government on the on the order of fifty billion dollars you're absolutely right richard thanks for calling and bringing that up and not only will that raise revenue but as they pointed out you can read in that l...
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which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota which had no state income taxes the poor are paying tax rates six times higher than the top one percent this disparity has a lot to do is states moving away from progressive income taxes and towards sales taxes which are regressive since working people spend one hundred percent of their income and are those tax on one hundred percent of their income the billionaires on the other hand can't possibly spend all their income no matter what so they're taxed on only part of the ring conservatives want you to believe that half the nation doesn't pay taxes and that half of the nation is called takers b
which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota...
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and you're saying taxing education is shared only d.p. there well if you want it as a share of per capita basis that's different ways to look at it you can look at it on a per capita basis and you will see that actually during the obama administration spending as a percentage of per capita basis gone down nine percent and obama came into office it went up consistently during both the bush and having served on the defense subcommittee of appropriations i realize that i'm in charge such as that people will only use basic defense spending they may or may not include the cost of this is what it would be so i understand what portion of it would be my point is is just . is that we're not doing enough on defense spending i'm going to agree with you right now now my point is i thought our levels of spending right now are not that different than they were in one nine hundred fifty and our level of taxation is radically lower than one hundred fifty nine hundred sixty nine hundred seventy the top tax rate was ninety one percent corporations are payi
and you're saying taxing education is shared only d.p. there well if you want it as a share of per capita basis that's different ways to look at it you can look at it on a per capita basis and you will see that actually during the obama administration spending as a percentage of per capita basis gone down nine percent and obama came into office it went up consistently during both the bush and having served on the defense subcommittee of appropriations i realize that i'm in charge such as that...
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Jan 30, 2013
01/13
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WMAR
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tax, guns and the death pement penalty when it comes to our -- penalty. when it comes to our state there's a lot that impacts your life. >> sheer ri jupeson is here with a preview. >> reporter: governor o'malley delivers the state of the state address today at noon at maryland statehouse. the governor plans to tell the story of how the state came together over the past few difficult years. the governor will discuss how the state is number one in education, invasion and regional job recovery. he will discuss what choices we can make to creating jobs and expanding opportunity and strengthening the middle class. happening today also, a news conference to cover upcoming legislation on antihuman tracking a part of the assessforture bill -- forfeiture bill. money would be pud in a fund for trafficking victims. they want to show support for all dog owners including pit bull type dogs many of them disappointed when the court of appeals decision in 2012 that said pit bulls are inherently dangerous. there will be a public hearing on the pit bull compromise bill thi
tax, guns and the death pement penalty when it comes to our -- penalty. when it comes to our state there's a lot that impacts your life. >> sheer ri jupeson is here with a preview. >> reporter: governor o'malley delivers the state of the state address today at noon at maryland statehouse. the governor plans to tell the story of how the state came together over the past few difficult years. the governor will discuss how the state is number one in education, invasion and regional job...
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Jan 25, 2013
01/13
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again it include the aftermath of the tragedy as well how we make sure that such presentations of a tax that would happen again a couple other questions i know you put the individuals defined as culpable by the board on the last administrative leave what do you anticipate will be the final resolution of the status in the department and the accountability review board didn't identify any individuals above the secretary assistant secretary level as accountable for the failures of the benghazi mission? use of the numerous tables requesting and begging for additional security resources sent by the ambassador were never sent by the state officials above the assistant secretary or assistant secretary charlene. i know that you care about the people that work with you and the department so given the fact your testimony is in these multiple requests and no levels of these requests doesn't that give you some concerns about the flow of information in the department and maybe some of your other links of ability to prioritize and get your attention serious issues you said that you get hundreds of th
again it include the aftermath of the tragedy as well how we make sure that such presentations of a tax that would happen again a couple other questions i know you put the individuals defined as culpable by the board on the last administrative leave what do you anticipate will be the final resolution of the status in the department and the accountability review board didn't identify any individuals above the secretary assistant secretary level as accountable for the failures of the benghazi...
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Jan 30, 2013
01/13
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they are protected by the tax code. we will never know. it's ridiculous to think he is anti-women and all these things. he was conservative for nebraska, but not hitler or somebody. i find it preposterous that this ad is out there running. >> as steve mentioned, hagel's confirmation is not really in doubt at this point. my question is, was it ever really in doubt? the senate has a history of confirming their own when they are put to the test. >> listen, the last that happened was john to youer, a senator from texas and the one before that was 1959. the senate pretty much protects their members. the tower nominations are similar to this one. guess who is going to introduce chuck hagel tomorrow? guess who the chairman and ranking member of the armed services committee were during the tower nomination? the same two men. the biggest thing about the tower nomination was that that was taken down by conserfatives. a guy named paul was a pretty big conservative. you know who he is and he testified after tower testified before the committee. he was
they are protected by the tax code. we will never know. it's ridiculous to think he is anti-women and all these things. he was conservative for nebraska, but not hitler or somebody. i find it preposterous that this ad is out there running. >> as steve mentioned, hagel's confirmation is not really in doubt at this point. my question is, was it ever really in doubt? the senate has a history of confirming their own when they are put to the test. >> listen, the last that happened was...
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Jan 29, 2013
01/13
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officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? >>> thanks for stay with us tonight. a handful of states are considering laws to redraw districts and
officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste...
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Feb 1, 2013
02/13
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CSPAN
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i will be pouring a lot into the tax coffers. that will make a difference in terms of people who are less skilled if we think we will have a safety net that has to be funded spirit take the immigration system off the table, a lifetime net tax rate is going up no matter what we do. for the baby boomers, that tax rate is in the neighborhood of the 20's. where now talking about a tax rate in the 70 +. you want to look the will make that possible impact in that fiscal terms. that is a crude way of talking about it, but in humanitarian immigrationen't any enforcement regime, we are doing something that is on sound. step one, acknowledged that in the immigration law that says a person, is not a bad person >> there were 13.6 million people who apply for diversity lotteries in 2010. those people were an understatement, because they were heads of households who had a spouse and kids. all but that number by two, three, four. think about the number of people without a high-school diploma. these are not bad people. step one, understand not o
i will be pouring a lot into the tax coffers. that will make a difference in terms of people who are less skilled if we think we will have a safety net that has to be funded spirit take the immigration system off the table, a lifetime net tax rate is going up no matter what we do. for the baby boomers, that tax rate is in the neighborhood of the 20's. where now talking about a tax rate in the 70 +. you want to look the will make that possible impact in that fiscal terms. that is a crude way of...
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Jan 29, 2013
01/13
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let's convert it to a sales tax. >> why a sales tax and not sort of a user fee, come up with other user fees, more tolls? >> first of all, we already use the sales tax for transfortation. a half a cent right now. >> you want to raise it. >> on a revenue neutral basis to replace the gas tax revenue essentially dollar for dollar. sales growth gross was economic activity whereas the gas task declines. we saw a poll of all the ideas out there, people favor that one two to one. no other state's done it. but every state has the same problem. you have to build infrastructure. >> the say the of oregon was doing a pilot program that was going to track miles. did you look at something like that. >> we did. there's privacy issues with some of those things. you could do it. look at the inspection once a year and give them a bill. you get sticker shock once a year. this seems to be the better way to go. pay for it as you use the services. >> we haven't talk board of directors miami yet. >> the leader in acc basketball. >> i'm going to ask you quickly about politics in virginia. >> yes. >> at what po
let's convert it to a sales tax. >> why a sales tax and not sort of a user fee, come up with other user fees, more tolls? >> first of all, we already use the sales tax for transfortation. a half a cent right now. >> you want to raise it. >> on a revenue neutral basis to replace the gas tax revenue essentially dollar for dollar. sales growth gross was economic activity whereas the gas task declines. we saw a poll of all the ideas out there, people favor that one two to...